Huobi BTC Market Capitalization Achieves $26.76 Million (HBTC)

Huobi BTC (HBTC) traded 1.8% higher against the US dollar during the one day period ending at 22:00 PM ET on August 23rd. One Huobi BTC token can now be bought for $27,604.85 or 0.43136585 BTC on popular cryptocurrency exchanges. Huobi BTC has a total market cap of $26.76 million and $3,407.79 worth of Huobi BTC was traded on exchanges in the last 24 hours. Over the last week, Huobi BTC has traded 4.1% higher against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 6.9% higher against the dollar and now trades at $0.0538 or 0.00000083 BTC.

About Huobi BTC

Huobi BTC’s launch date was February 14th, 2020. Huobi BTC’s total supply is 969 tokens. Huobi BTC’s official Twitter account is @hbtc_official and its Facebook page is accessible here. Huobi BTC’s official message board is medium.com/@hbtc_finance. Huobi BTC’s official website is www.hbtc.finance/en-us. The Reddit community for Huobi BTC is https://reddit.com/r/huobiglobal and the currency’s Github account can be viewed here.

According to CryptoCompare, “Launched by Huobi Global and deployed on the Ethereum network, Huobi BTC (HBTC) token aims to promote the growth of the decentralized marketplace by injecting Bitcoin (BTC), the largest and most liquid asset, into the decentralized finance (DeFi) eco-system. HBTC maintains a strict, asset-backed 1:1 peg to BTC. Every 1HBTC issued will be fully backed by the same BTC asset quantity to ensure users can perform a 1:1 exchange between HBTC and BTC at any time.”

Huobi BTC Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Huobi BTC directly using US dollars. Investors seeking to trade Huobi BTC should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Huobi BTC using one of the exchanges listed above.

HBTC/USD price chart by TradingView